We have lift off: UK and US pen landmark partnership to drive space growth May 13, 2022 Future spaceflight is set to be made easier and cheaper, following a landmark partnership with the US to help cut red tape and boost opportunities in the UK, signed by the Transport Secretary this week in Washington.
Big data: what is it and who is using it? May 13, 2022 | City Talk As the capabilities of analytics technology become ever more sophisticated, how are organisations mining and using this information and what are they doing with it? The value of information has been described as on par with and, depending on the information and how it is used, exceeding that of precious metals and fossil fuels. Although [...]
Crypto crash: Gains wiped out as host of coins collapse May 12, 2022 The prices of Bitcoin, Ethereum and other cryptocurrencies plummeted to 16-month lows yesterday in a major crash that wiped out the gains made during the past year’s bull market. The past week has seen the price of Bitcoin drop by more than a fifth and the price of Ethereum drop by more than a quarter, [...]
Disney dodges subscriber slump but needs to keep fairytale alive May 12, 2022 Appearing to buck streaming giants' downward trend in the last few weeks, Disney+ announced that it had picked up 7.9 million new subscribers in the last quarter, taking its total user base to 44.4 million.
The City View: Subpar UK economic figures, and more rate hikes to come May 12, 2022 Today Andy Silvester talks to City A.M.’s Economics and Markets reporter Jack Barnett. They go through the gloomy economic figures released by the ONS this morning measuring the economy’s performance, and explain what this will mean for rate hikes going forward. And in the news: BT has confirmed a joint sports venture with Warner Bros [...]
Reemerging: Vodafone and Three open up tie-up talks once again May 12, 2022 The third and fourth largest mobile network operators in the country Vodafone and Three have reignited merger talks as the British telecom wars continue to heat up.
Gas prices soar as the Kremlin brings in sanctions against European Gazprom divisions May 12, 2022 Gas prices on UK and European benchmarks have spiked again after the Kremlin has imposed sanctions on Gazprom units in Europe and the US.
Siemens loses £512m as it gears up for full Russian exit after 170 years May 12, 2022 Siemens is set to face a €600m (£512m) hit in the second quarter after announcing its full exit from the Russian market after 170 years.
Bitcoin hits 16-month low amid trouble at Terra May 12, 2022 Bitcoin is currently changing hands for around $27k - a 15 per cent drop over the past 24 hours and 32 per cent over the past week.
Finland set to join NATO ‘without delay’ after PM Boris Johnson signs security deals in Scandinavia May 12, 2022 Finland is set to apply to join Nato “without delay” following Russia’s invasion of Ukraine, after Boris Johnson made a whistle-stop tour to the country. The country’s prime minister, Sauli Niinistö, made the announcement during a visit to Helsinki by UK Prime Minister Boris Johnson. In a statement, he said “NATO membership would strengthen Finland’s [...]